Karatgold Coin (KBC)

Current price: $ 0.004690

24 hours price change: $ 0.000670 (16.66%)

Daily analysis of Karatgold Coin (KBC) - 6 months

The performance of Karatgold Coin regarding the price differs every day. To make the best decision to buy Karatgold Coin, we are analysis in this article the performance of Karatgold Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on July 25th, 2019 to January 24th, 2020.

In the barchart below, the weekdays and average performance of Karatgold Coin are shown side by side.

Average daily change in price of Karatgold Coin per weekday between 07/25/2019 and 01/24/2020.

According to the performance of Karatgold Coin between July 25th, 2019 and January 24th, 2020, Karatgold Coin performed the best on Wednesdays. On average, the price of Karatgold Coin increased 1.66% on Wednesday.

The weekday on which the Karatgold Coin performed the worst, is Tuesday. On Tuesdays, the Karatgold Coin declined in value on average by -1.50%.

Karatgold Coin weekday performance

The Karatgold Coin declines in value on an average Sunday with -1.34%. However, the uncertainty (or standard deviation) is quite large, namely 6.07%. This means that it is not possible to say whether on a regular Sunday the Karatgold Coin will increase or decrease in value.

On Mondays, the Karatgold Coin decreases in value on average with -0.83%. On most of the Mondays the Karatgold Coin decreases in value between -6.97% and 5.30%. The uncertainty (6.14%) is higher than the average decline percentage (-0.83%). Therefore, expected range of price changes of the Karatgold Coin on Mondays is large.

The Karatgold Coin declines in value on an average Tuesday with -1.50%. However, the uncertainty (or standard deviation) is quite large, namely 5.09%. This means that it is not possible to say whether on a regular Tuesday the Karatgold Coin will increase or decrease in value.

On an average Wednesday the Karatgold Coin shows an increase in value of 1.66%. However, the change of Karatgold Coin on most of the Wednesdays is between -6.25% and 9.57%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Karatgold Coins.

On an average Thursday the Karatgold Coin shows an increase in value of 1.11%. However, the change of Karatgold Coin on most of the Thursdays is between -3.00% and 5.23%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Karatgold Coins.

Allthough the Karatgold Coin decreases in value with -0.57% on an average Friday, the uncertainty of this decline is large. The standard deviation of the change of Karatgold Coin on Fridays is 5.84%. This means that the expected change of the value of Karatgold Coin is between -6.41% and 5.27% on 68 out of 100 Fridays.

On an average Saturday the Karatgold Coin shows an increase in value of 1.60%. However, the change of Karatgold Coin on most of the Saturdays is between -8.08% and 11.28%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Karatgold Coins.

Karatgold Coin weekday performance details

Find below the details of the performance of Karatgold Coin per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday -1.34% 6.07% -7.40% to 4.73%
Monday -0.83% 6.14% -6.97% to 5.30%
Tuesday -1.50% 5.09% -6.59% to 3.59%
Wednesday 1.66% 7.91% -6.25% to 9.57%
Thursday 1.11% 4.11% -3.00% to 5.23%
Friday -0.57% 5.84% -6.41% to 5.27%
Saturday 1.60% 9.68% -8.08% to 11.28%
 

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